Iran ready to increase electricity supply to Pakistan

Iran is ready to increase electricity supply to Pakistan from the existing 130 megawatts to 3,000 megawatts, said Iranian Consul General Ahmad Mohammadi, speaking at the Iranian Consulate General on Thursday at an...

Finance Minister shuffles heads of three divisions yet again

Finance Minister Ishaq Dar has reshuffled operational heads of his three important divisions leaving the post of Federal Board of Revenue (FBR) chairman vacant yet again, reported a national daily.It was the...

Income tax on agriculture suspended since Oct in Punjab

The Punjab government has taken the decision of suspending the income tax on the agricultural sector during a meeting, chaired by Provincial Minister for...

New data centre set up to tackle money laundering and terrorism financing

KARACHI: Tracking down money laundering and terrorism financing will now be easier due to a new high-tech data centre that was inaugurated by the...

IFC, AIIB sign pact to invest in Asia’s emerging-markets project

  IFC, a member of the World Bank Group, and the Asian Infrastructure Investment Bank (AIIB) have signed an agreement to jointly make investments in...

Duty drawback circular soon: Khurram

  Commerce Minister Khurram Dastgir on Friday said that the required notifications for both textile and non-textile sectors based upon the announcement made by the...

Car sales down by 3.4pc

  Car sales witness strong growth in last seven months of the current fiscal year to 104,156 units (excluding last year Taxi Scheme). Volumes of...

SECP plans promoting investment in Gilgit-Baltistan

 Security Exchange Commission of Pakistan Chairman Zafar Hijazi on Friday instructed the SECP team to prepare a comprehensive plan in the shortest possible time...

BOI committed to reviving confidence of foreign investors

 The Board of Investment (BOI) is fully committed to reviving the confidence of foreign businessmen to boost foreign investment in the country.Due to prudent...

Sudan’s commercial attaché invites Pakistani investors

 Investment opportunities for Pakistani entrepreneurs are available in Sudan, where foreign investors enjoy equal rights as available for local businessmen.This was stated by Sudan...

Remittance down by 1.8pc to $10.947b in July-Jan 2016-17

 Overseas Pakistani workers remitted $10.947 billion in Jul-Jan of 2016-17, down by $208 million or 1.8 per cent compared with $11.155 billion received during...

ICANN allows domains’ registration in native languages

 The Internet Corporation for Assigned Names and Numbers (ICANN) Board has passed resolution on Internet Registry, through which local community of Pakistan will be...

International oil company alleged of selling contaminated jet fuel

National Accountability Bureau (NAB) has launched an investigation against an international oil company allegedly involved in selling jet fuel as kerosene oil in the local...

SBP signs memorandum of understanding with Nepal Rastra Bank

The memorandum of agreement signed on Thursday will enhance bilateral relationship and sharing of information to accomplish convergence towards common modalities and standards in...

Breaking the respectability glass ceiling: Malik Riaz’s bid to acquire a bank turned down yet again

The primary regulator of capital markets, Securities and Exchange Commission of Pakistan (SECP) has asked the Pakistan Stock Exchange (PSX) on Thursday to “immediately...

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Pakistan out of financial crisis, says EAD official

'Japan, Germany, Turkey, are also in the queue to invest in Pakistan'Pakistan is finally out of its precarious financial situation due to the...

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